Retirement Income: Income Stream

Canadian Investors Dept: By 2025 it is estimated that 25 per cent of Canadians will be over the age of 60. They will control $3.9 trillion in assets and will be looking to move their money into investments that pay a monthly income, according to Winnipeg Free Press. Canadian investors looking for protection and income are turning in increasing numbers to dividend-paying companies and Dividend Reinvestment Programs DRIPs and special - With Canada's population aging and moving into retirement, two of the issues that are increasingly preoccupying investors are uncertainty about the direction of financial markets and the need for an income stream. "Dominant themes surface in the market at different times," says Hovig Moushian, a senior vice-president and portfolio manager with McKenzie Investments "Two that are now preoccupying investors are uncertainty about the direction of the market and the need for income. Demographics are changing rapidly and our aging population is hungry for yield. They are looking for retirement income and dividend-paying stocks can work very well for them." (www.immigrantscanada.com). As reported in the news.